What is required to obtain your real estate license in Ontario

This page will outline the specific requirements for you to obtain their real estate license in the province of Ontario. 

The first step to with your courses to obtain your real estate license in Ontario is to complete all three pre-registration courses within 18 months of the Phase 1 start date.

Phase 1: Real Estate as a Professional Career.

Phase 2: Real Estate as a Professional Career.

Phase 3: Residential Real Estate as a Professional Career or Commercial Real Estate as a Professional Career

Once you have completed with your courses above to obtain your real estate license in Ontario you are then licensed and able to sell real estate under a brokerage in Ontario.  The next phase of your courses is called the articling phase.

2-YEAR ARTICLING PHASE

This articling phase must be completed within two years following initial registration with the Real Estate Council of Ontario (RECO).

Real Property Law
Remaining Phase 3 course (RES)
Remaining Phase 3 course (COM)
PLUS ONE OF THE FOLLOWING ELECTIVES:
Principles of Appraisal
Principles of Mortgage Financing
Real Estate Investment Analysis
Principles of Property Management

Once you have completed the above courses along the path of courses to obtain your real estate license in Ontario you are well along your way to a career in real estate.

Registered salespeople may pursue broker registration once completing the Real Estate as a Professional Career program, Articling Phase, and one additional elective

The institution that governs your courses to obtain your real estate license in Ontario is called OREA.  They have what is called, OREA Real Estate College and they are the body that develops and administers the educational courses that are required to become a registered real estate salesperson on behalf of RECO. Courses are offered as e-learning, classroom or correspondence.

A successful career in real estate doesn't just happen and rarely comes easily. Real estate sales are extremely demanding and a personal commitment to excellence is essential.

Those who enter the profession will travel a challenging road. Be prepared to invest time and money in a life-long learning exercise.

Completing required courses is just the beginning of a journey with your courses to obtain your real estate license in Ontario that requires continuing education to maintain your edge and professional credentials. The market is dynamic, legislation is constantly changing, and new technologies are continuously emerging. It’s no wonder that knowledge is power in the real estate marketplace.

Personal sacrifices are also a reality. In the heat of negotiations, most buyers and sellers have little regard for the time of day.  You have to be prepared to work long hours, encounter high stress levels, and you will likely have a reduced social life for the first 5 years you are in the business.  It’s also true that a career in real estate is anything but routine and you are called to action at all times and hours of the day.

Still, successful people in the profession are the first to say it’s a matter of perspective and balance. Trade-offs must be made, but the personal freedom, a satisfying career, and the long-term benefits are well worth the effort.

High-tech Pays Off - In my experience, today's leading salespeople tend to rely on integrated databases, hand-held smartphones and personal computers, global positioning systems, and virtual house tours that can be e-mailed on the spot to clients.  You will have to determine what works the best for you and run with it!

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